November 15, 2020 | Daily JAM, Saturday Night Quarterback, Short Term |
... well, we pretty much know what to expect for the coming week from the market's moves in the past week. We're likely to see a continuation of the battle between fear--that the surge in coronavirus infections will lead to another wave of shutdowns that will stagger...
October 31, 2020 | Daily JAM, Saturday Night Quarterback, Short Term |
... who knows? We do know that Tuesday is election day. But beyond that? We also know that the financial markets will react not just to the outcome of the election--victory for Donald Trump or Joe Biden--but also to the nature of the election process. Markets are...
October 25, 2020 | Daily JAM, Saturday Night Quarterback |
...huge numbers of earnings reports in the coming week with 93 on Monday, 178 on Tuesday, 319 on Wednesday, 397 on Thursday, and 81 on Friday. Let me pick out a few that have extra significance. On Tuesday Microsoft (MSFT), Advanced Micro Devices (AMD) and Caterpillar...
October 18, 2020 | Daily JAM, Saturday Night Quarterback |
...earnings season to move into full swing. Monday brings earnings reports from IBM (IBM), from PetsMed Express (PETS) in the red-hot pet sector, and Logitech International (LOGI), a key player in the computer peripherals market. Tuesday includes consumer powerhouse...
October 18, 2020 | Daily JAM, Saturday Night Quarterback |
... OPEC's Monday meeting to roil oil markets. Even if the meeting doesn't make any decision on supply. (Likely at the cartel's December 1 meeting of oil ministers. Tomorrow's meeting is of the Joint Ministerial Monitoring Committee, chaired by Saudi Arabian Energy...
October 10, 2020 | Daily JAM, Saturday Night Quarterback |
...a growing admission by the financial markets that a coronavirus stimulus package by November 3 is dead, dead, dead. And an increasing worry that it might be dead for a Lame Duck session too. As incomprehensible as that as that might seem given the real pain now...
October 3, 2020 | Daily JAM, Saturday Night Quarterback |
...expect the upcoming earnings season to, somehow, edge its way into investor and trader minds, as jam-packed as they already are with issues ranging from the coronavirus pandemic to the November 3 election. The big banks kick off third quarter earnings reports the...
September 27, 2020 | Daily JAM, Saturday Night Quarterback |
... junk bond sales and prices to be a key indicator of cash flows in the market--and of worries about a new surge in coronavirus cases this fall. Until this past week companies continued to raise huge sums--$18 billion in the week ended on September 18--in the market...
September 8, 2020 | Daily JAM, Saturday Night Quarterback, Short Term |
... one more down day (at least) for stocks, especially big technology stocks and the NASDAQ 100, if history is any guide. If. The S&P 500 is down 4.3% over Thursday and Friday. (It's still up 53% from its March low.) The NASDAQ 100 fell 6.4% over those two days....
August 29, 2020 | Daily JAM, Saturday Night Quarterback |
...to get more data on the U.S. job market than the financial markets will be able to digest ahead of Labor Day. On Thursday, the Department of Labor will report the weekly initial claims for unemployment. Last Thursday the numbers suggested that the economy was still...
August 24, 2020 | Daily JAM, Saturday Night Quarterback |
... Wall Street to be hanging on the words of a Thursday, August 27 speech. Not the one that night where Donald Trump accepts the Republican Party nomination for President. That's unlikely to offer any surprises to the stock market. Instead the key speech that day is...
August 16, 2020 | Daily JAM, Saturday Night Quarterback |
...more attention on reports of delays in the clinical trials of new drugs to treat patients infected with the coronavirus. We're starting to hear stories o delays out of the drug companies working on treatments that would enable those stricken with the coronavirus to...
